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Crude oil price forecast update 29-05-2024
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Crude oil price forecast update 29-05-2024
May 29, 2024 3:49 AM

Crude Oil Price Analysis Expected Scenario Crude oil price resumes its positive trading to approach 81.00$ barrier, reinforcing the expectations of continuing the bullish trend for the rest of the day. Reminding you that breaching this level will extend the bullish wave to reach 83.91$ as a next positive station, while the expected rise will remain valid unless breaking 79.60$ and holding with a daily close below it. Expected Trading Range Between 79.10$ support and 82.00$ resistance.

Trend Forecast: Bullish

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